christopheradams on Nostr: This is correct. A wallet on an exchange we call “custodial” (a third party ...
This is correct. A wallet on an exchange we call “custodial” (a third party controls your keys). A wallet in an app or browser extension (hot) or offline (cold) we call “non-custodial” (you control your keys). The terminology is from the perspective of the service provider.
Published at
2022-12-23 06:07:54Event JSON
{
"id": "9bf7659ad706eb547287a0eee45ca26d321e8b819f6b29adff52e707c8e2db82",
"pubkey": "4ce66109a2ebabd7ca84551d2e5b6eff409ceaf9e213e3dc061c15cf84d1590c",
"created_at": 1671772074,
"kind": 1,
"tags": [
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"content": "This is correct. A wallet on an exchange we call “custodial” (a third party controls your keys). A wallet in an app or browser extension (hot) or offline (cold) we call “non-custodial” (you control your keys). The terminology is from the perspective of the service provider.",
"sig": "1efb4a5db77b262414c60389a595835fcdfb5c2f6e2e9376bc843f72c2c65e0ebba2d8e6d7a58417b47bf10b6c7d917b83ce00186942a8289f8f7004efb1e2da"
}
